Leeds Hospitals Charity

Registered charity 1170369 · accounts filings on the Charity Commission register · also known as LEEDS CARES, LEEDS HOSPITAL CHARITABLE FOUNDATION

Latest income
£7.2m
Latest spending
£7.7m
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a surplus of £267,000 and total income of £8.8 million, driven by growth in donations and fundraising activities. However, the charity holds a net current liability position due to grant commitments falling due within twelve months, which the trustees mitigate by drawing down from the investment portfolio. Free unrestricted reserves are reported at £4.3 million, which is below the trustees' stated target of £5.5 million.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
This leaves free reserves of £4.3m (2022/23: £4.7m), which is a decrease of £400,000 on the previous year and below the current target of £5.5m.
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Pension adviser fees paid to ABRDN (Trustee Lauren Glaister was Senior Client Portfolio Manager)
Ms Lauren Glaister was a Senior Client Portfolio Manager at ABRDN Capital Ltd, with whom the Charity contracted as pension scheme advisers until 1st February 2024. A fee was paid to ABRDN for these services. — page 82
Leeds Hospitals Charity has made revenue and capital payments to the Leeds Teaching Hospitals NHS Trust. The Chair of Leeds Teaching Hospitals NHS Trust, Dame Linda Pollard DBE DL, is a Trustee of Leeds Hospitals Charity. — page 82
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Leeds Teaching Hospitals NHS Trust (Trustee Dame Linda Pollard is Chair of Trust)
Ms Lauren Glaister was a Senior Client Portfolio Manager at ABRDN Capital Ltd, with whom the Charity contracted as pension scheme advisers until 1st February 2024. A fee was paid to ABRDN for these services. — page 82
Leeds Hospitals Charity has made revenue and capital payments to the Leeds Teaching Hospitals NHS Trust. The Chair of Leeds Teaching Hospitals NHS Trust, Dame Linda Pollard DBE DL, is a Trustee of Leeds Hospitals Charity. — page 82
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: LHC Enterprise Ltd
The charity has established a wholly owned trading subsidiary, LHC Enterprise Ltd (registered number 13438357)
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Forvis Mazars LLP.

Public fundraising profile: JustGiving — Leeds Hospitals Charity (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 30/03/2025)

Total income
£7.2m
Total spending
£7.7m
Cost of raising funds
£3.1m
Reserves (reported)
£3.4m
Employees
76

Reported reserves equal ~5.3 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
30/03/2025£7.2m£7.7m
30/03/2024£8.8m£8.5m
30/03/2023£7.9m£18.0m
30/03/2022£7.1m£8.8m
30/03/2021£7.3m£8.0m

Common questions

Is Leeds Hospitals Charity financially healthy?

The accounts state that the charity achieved a surplus of £267,000 and total income of £8.8 million, driven by growth in donations and fundraising activities. However, the charity holds a net current liability position due to grant commitments falling due within twelve months, which the trustees mitigate by drawing down from the investment portfolio. Free unrestricted reserves are reported at £4.3 million, which is below the trustees' stated target of £5.5 million. Its FY2024 accounts were audited by Forvis Mazars LLP.

Who funds Leeds Hospitals Charity?

Funders whose own accounts filings name Leeds Hospitals Charity as a grant recipient include 2104 CHARITY FOUNDATION, THE PENNIES FOUNDATION, E B M CHARITABLE TRUST, THE JORON CHARITABLE TRUST, ARDONAGH COMMUNITY TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEWCASTLE UPON TYNE HOSPITALS NHS CHARITY.